How do I change the settings in quick time player to screen record video using less hard drive space?

how do I change the settings in quick time player to use less hard drive space when performing a screen record? When I screen record a video lets say from vimeo, QTP seems to use a lot of hard drive space.  Please help.  Are there settings some where to adjust to slim down the video size? Thanks for your input.

I just did a short SR test, first I exported to 480p, then I saved the file. Now I have 2 files one 11.9mb (export) and the other 42.8mb (save). I then took the save file and performed an export on it to 480p.  Guess what, it saved at 11.9mb.  So it seemed to save me 3/4 of the space.  Lets see what happens with a 17 minute SR.  Thanks!
Any suggestions on getting the sound louder with the SR?
For anyone else ever seeing this post, for me the best was using an external speaker whether wired or bluetooth, facing the left side of the computer where the internal mic hole is.   Good Luck!

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